0000 Aberdeen Rd Raeford, NC 28376
This exceptional 10-acre commercial land parcel in Raeford, North Carolina, presents a remarkable investment opportunity. Located on Aberdeen Road (Highway 211), this property boasts over 670 feet of road frontage and enjoys a daily traffic count exceeding 10,000 vehicles. Its NB (Neighborhood Business) zoning allows for a variety of commercial development possibilities. The site features two convenient points of ingress and egress, enhancing accessibility. County water is readily available, and a private septic system is planned. The seller is open to subdividing the land, contingent upon the intended use and desired lot configuration. This strategic location benefits from its proximity to a recently constructed Dollar General and sits at the intersection of Fulford McMillan Road. Highway 211 serves as the main thoroughfare connecting Raeford to Aberdeen and Southern Pines. While a North Carolina Department of Transportation project (R-5709) will widen Highway 211 and incorporate a raised median, the property will maintain convenient access via Fulford McMillan Road. The surrounding area demonstrates strong demographics, with approximately 8,983 residents within a five-mile radius and an average household income of $64,329. The property's APN is 694050001009. Offered at $629,000.
Cap rate
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Property description
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